| PLCE latest price $129.5900 (1.4%) ($126.6800 - $132.3750) on Mon. Oct. 1, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 45 |
Latest Price | $129.5900(1.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 0.8% a day on average for past five trading days. |
Weekly Trend | PLCE declines -0.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PLCE advance at 0% a week (0% probability) XRT(59%) IWN(58%) PEJ(58%) IWM(55%) JETS(54%) |
Factors Impacting PLCE price | PLCE will decline at least -1.055% in a week (0% probabilities). UUP(-15%) VXX(-13%) IFRA(-12%) TLT(-10%) VIXM(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.055% (StdDev 2.11%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
| |
|
|